Professor Bowden Is in the Middle of Her Lecture on Marital

question 70

Multiple Choice

Professor Bowden is in the middle of her lecture on marital satisfaction when a student in the back interrupts her and says, "Dr Phil doesn't agree with that theory!" Soon other students chime in to add fuel to the discussion. Professor Bowden just smiles and asks the original student to produce the research that Dr Phil carried out to justify his statements. What lesson is Professor Bowden trying to teach?

• A)Information from the media is always inaccurate.
• B)One should never question a well-established theory.
• C)Always check the source of your information before you believe it.
• D)Secondary sources are just as reliable as primary sources.

---

Definitions:

Available-for-Sale Debt Securities

Debt investments not classified as held-to-maturity or trading securities, recorded at fair value on the balance sheet with unrealized gains or losses reported in other comprehensive income.

Fair Value

An estimate of the market price of an asset or liability, reflecting the value for which it could be bought or sold in a current transaction between willing parties.

Fair Value Adjustment

A financial accounting process of adjusting the book value of an asset or liability to reflect its current market value.

Stock Investments

The purchase of shares in a company, representing ownership interests and the potential for income through dividends and capital appreciation.